Tata Nifty Private Bank Exchange Traded Fund Overview
Category ETF
BMSMONEY Rank 73
BMSMONEY Rating
Gro. Opt. As On: 17-01-2025
NAV ₹243.29(R) -2.17% (D) %
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 0.09% 7.46% 6.59% -% -%
LumpSum (D)
SIP (R) -6.68% 5.82% 10.07% -% -%
SIP (D)
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.23 0.15 0.49 -0.24% 0.04
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.15% -17.81% -11.86% 0.99 9.67%
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Aditya Birla Sun Life Nifty Healthcare ETF 1
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Motilal Oswal Nifty Midcap 100 ETF 6
Nippon India Etf Nifty Midcap 150 7
UTI BSE Sensex Next 50 Exchange Traded Fund 8
SBI BSE Sensex Next 50 ETF 9
Nippon India ETF Nifty Dividend Opportunities 50 10
Nippon India ETF BSE Sensex Next 50 11
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ICICI Prudential Nifty India Consumption ETF 14
SBI Nifty Consumption ETF 15
Axis NIFTY India Consumption ETF 16
Uti Nifty Next 50 Exchange Traded Fund 17
mirae asset nifty next 50 etf 18

NAV Date: 17-01-2025

Scheme Name NAV Rupee Change Percent Change
Tata Nifty Private Bank Exchange Traded Fund 243.29
-5.4000
-2.1700%

Review Date: 17-01-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It signifies the growth in the investment's value over a specific period, presented either as a percentage or a monetary figure. Our analysis focused on six return parameters of this fund. The return parameters have been categorized into three performance groups: the top 25%, those below the top 25% but above average, and those below average. Now, let's take a look at how each parameter has performed.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The Tata Nifty Private Bank Exchange Traded Fund has two return parameters in the category, which are above average but below the top 25%, as shown below:
      • 3Y Return %
      • 5Y Return %
    3. Below Average: Tata Nifty Private Bank Exchange Traded Fund has four return parameters that are below average in the category, which are listed below:
      • 1Y Return %
      • 3M Return %
      • 1M Return %
      • 6M Return %
  2. Risk: It refers to the chance of suffering a financial loss or not reaching the expected profits due to a variety of circumstances. Two risk parameters of the fund are divided into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Tata Nifty Private Bank Exchange Traded Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Tata Nifty Private Bank Exchange Traded Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Tata Nifty Private Bank Exchange Traded Fund has two parameters that are above average which are listed below:
      • Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The standard deviation of the fund is 15.15 %.
      • Semi-Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. The semi-deviation of the fund is 9.67 %.
  3. Risk Adjusted Performance Parameters: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Tata Nifty Private Bank Exchange Traded Fund, we have evaluated four risk-adjusted performance parameters.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: Tata Nifty Private Bank Exchange Traded Fund has one risk-adjusted performance parameter of the fund that is in the this group of the category.
      • Sharpe Ratio: Tata Nifty Private Bank Exchange Traded Fund has a Sharpe Ratio of 0.23 compared to the category average of -1.34.
    3. Below Average Risk Adjusted Performance Parameters: Tata Nifty Private Bank Exchange Traded Fund has three risk-adjusted performance parameters of the fund that are below average in the category.
      • Sterling Ratio: Tata Nifty Private Bank Exchange Traded Fund has a Sterling Ratio of 0.49 compared to the category average of 0.58.
      • Sortino Ratio: Tata Nifty Private Bank Exchange Traded Fund has a Sortino Ratio of 0.15 compared to the category average of 0.17.
      • Treynor Ratio: Tata Nifty Private Bank Exchange Traded Fund has a Treynor Ratio of 0.04 compared to the category average of 0.08.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -7.56
-4.71
-15.99 | 3.77 134 | 183 Average
3M Return % -7.18
-5.23
-15.90 | 16.79 127 | 183 Average
6M Return % -9.57
-4.02
-16.31 | 28.50 147 | 182 Poor
1Y Return % 0.09
5.60
-89.99 | 58.41 145 | 165 Poor
3Y Return % 7.46
3.01
-51.41 | 38.64 66 | 103 Average
5Y Return % 6.59
2.93
-54.58 | 29.56 43 | 68 Average
1Y SIP Return % -6.68
0.54
-32.79 | 50.62 127 | 159 Poor
3Y SIP Return % 5.82
14.65
-9.13 | 44.12 83 | 94 Poor
5Y SIP Return % 10.07
13.73
-10.00 | 40.92 42 | 59 Average
Standard Deviation 15.15
14.04
0.00 | 40.57 56 | 88 Average
Semi Deviation 9.67
9.64
0.00 | 24.49 49 | 88 Average
Max Drawdown % -11.86
-13.04
-43.82 | 0.00 53 | 88 Average
VaR 1 Y % -17.81
-16.69
-55.55 | 0.00 56 | 88 Average
Average Drawdown % -5.74
-6.73
-43.82 | 0.00 44 | 88 Good
Sharpe Ratio 0.23
-1.34
-144.34 | 1.65 64 | 86 Average
Sterling Ratio 0.49
0.58
-0.05 | 1.62 62 | 88 Average
Sortino Ratio 0.15
0.17
-1.00 | 1.00 64 | 88 Average
Jensen Alpha % -0.24
-0.11
-1.28 | 4.76 21 | 33 Average
Treynor Ratio 0.04
0.08
-0.02 | 0.29 32 | 33 Poor
Modigliani Square Measure % 10.74
15.18
4.85 | 37.27 32 | 33 Poor
Alpha % -0.31
-0.36
-1.77 | 3.19 20 | 33 Average
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
Standard Deviation 15.15 14.04 0.00 | 40.57 56 | 88
Semi Deviation 9.67 9.64 0.00 | 24.49 49 | 88
Max Drawdown % -11.86 -13.04 -43.82 | 0.00 53 | 88
VaR 1 Y % -17.81 -16.69 -55.55 | 0.00 56 | 88
Average Drawdown % -5.74 -6.73 -43.82 | 0.00 44 | 88
Sharpe Ratio 0.23 -1.34 -144.34 | 1.65 64 | 86
Sterling Ratio 0.49 0.58 -0.05 | 1.62 62 | 88
Sortino Ratio 0.15 0.17 -1.00 | 1.00 64 | 88
Jensen Alpha % -0.24 -0.11 -1.28 | 4.76 21 | 33
Treynor Ratio 0.04 0.08 -0.02 | 0.29 32 | 33
Modigliani Square Measure % 10.74 15.18 4.85 | 37.27 32 | 33
Alpha % -0.31 -0.36 -1.77 | 3.19 20 | 33
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -2.17 ₹ 9,783.00 ₹
1W -1.05 ₹ 9,895.00 ₹
1M -7.56 ₹ 9,244.00 ₹
3M -7.18 ₹ 9,282.00 ₹
6M -9.57 ₹ 9,043.00 ₹
1Y 0.09 ₹ 10,009.00 ₹
3Y 7.46 ₹ 12,409.00 ₹
5Y 6.59 ₹ 13,762.00 ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -6.68 ₹ 11,560.72 ₹
3Y ₹ 36000 5.82 ₹ 39,333.46 ₹
5Y ₹ 60000 10.07 ₹ 77,340.12 ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Tata Nifty Private Bank Exchange Traded Fund NAV Regular Growth Tata Nifty Private Bank Exchange Traded Fund NAV Direct Growth
17-01-2025 243.2924 None
16-01-2025 248.6968 None
15-01-2025 246.4538 None
14-01-2025 246.4971 None
13-01-2025 243.7297 None
10-01-2025 245.876 None
09-01-2025 250.2253 None
08-01-2025 251.3399 None
07-01-2025 252.5651 None
06-01-2025 251.6194 None
03-01-2025 257.0502 None
02-01-2025 259.376 None
01-01-2025 255.7743 None
31-12-2024 254.6445 None
30-12-2024 254.4413 None
27-12-2024 256.0616 None
26-12-2024 254.8222 None
24-12-2024 255.2398 None
23-12-2024 255.1849 None
20-12-2024 252.9715 None
19-12-2024 257.4797 None
18-12-2024 260.2647 None
17-12-2024 263.1936 None

Fund Launch Date: 16/Aug/2019
Fund Category: ETF
Investment Objective: The investment objective of the scheme is to provide returns that is closely correspond to the total returns of the securities as represented by the Nifty Private Bank index, subject to tracking error. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Fund Description: 1) Ideal for Investors looking for investments in private bank segment. 2) An exchange traded fund that aims to provide returns that closely correspond to the returns provided by Nifty Private Bank Index, subject to tracking error.
Fund Benchmark: Nifty Private Bank Index (Total Return Index)
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.